Visa Business School

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VisaNet Overview

This course is for people who want to understand how VisaNet delivers on Visa’s promise of secure, reliable payments. You will gain an understanding of VisaNet’s role in payment transaction processing. You will learn the role that various participants play in a typical VisaNet transaction and how they connect to VisaNet. This course also describes the authorization, clearing, and settlement process as well as the steps involved in dual-message and full-financial processing.

1 course, 1 hour total, 6 month unlimited access
after enrollment

Key Topics

VisaNet Participants

Connecting to VisaNet

VisaNet Processing

Transaction Processing

Mastery Challenge

Who Should View

Staff who are new to the operations department and require an understanding of VisaNet systems

Staff who are involved in providing authorization services to their customers

Staff from other departments who may require an overview of the VisaNet systems

Topics

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Coordinated Universal Time (UTC)

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BID / PRC

BID stands for Business ID and is an 8-digit number that Visa assigns to client institutions and that is used to identify the institution to Visa. If you do not know your BID, please contact your Visa representative.
If you are not employed by an institution that has a Visa BID, you cannot register for the Visa Business School.